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Net Income (Loss) Per Share (Tables)
9 Months Ended
Oct. 02, 2022
Earnings Per Share [Abstract]  
Schedule of Net Income (Loss) Per Share

Net income (loss) per share consisted of the following:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

(In thousands, except per share data)

 

October 2, 2022

 

 

October 3, 2021

 

 

October 2, 2022

 

 

October 3, 2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

2,801

 

 

$

9,584

 

 

$

(62,943

)

 

$

50,378

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares - basic

 

 

28,891

 

 

 

30,301

 

 

 

29,023

 

 

 

30,495

 

Potentially dilutive common share equivalent

 

 

138

 

 

 

497

 

 

 

 

 

 

861

 

Weighted average common shares - dilutive

 

 

29,029

 

 

 

30,798

 

 

 

29,023

 

 

 

31,356

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income (loss) per share

 

$

0.10

 

 

$

0.32

 

 

$

(2.17

)

 

$

1.65

 

Diluted net income (loss) per share

 

$

0.10

 

 

$

0.31

 

 

$

(2.17

)

 

$

1.61

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive employee stock-based awards, excluded

 

 

1,539

 

 

 

1,036

 

 

 

1,582

 

 

 

389